Compensation from producers of C$30.4 million (US$29.2 million) is being sought for natural gas reserves and drilling disappointments offshore Nova Scotia by Maritimes & Northeast Pipeline (MNP).
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Shell Wants to Tie Executive Compensation to Performance
The Royal Dutch/Shell Group on Thursday proposed tightening executive compensation policies to end the use of stock option grants. The plan, which must be approved by shareholders, would make the awarding of share bonuses to its directors dependent on the company’s performance.
Duke Pays New CEO in Stock, Unloads Dutch Gas Marketing Unit
Duke Energy announced a stock-based compensation package for its new CEO, Paul M. Anderson, and said it lined up a buyer, Norsk Hydro Energy B.V., for its Dutch gas marketing business. The sale, which is expected to net Duke about $80 million, is subject to approval by the European Commission.
Duke Pays New CEO in Stock, Unloads Dutch Gas Marketing Unit
Duke Energy announced a compensation package for its new CEO, Paul M. Anderson, and said it lined up a buyer, Norsk Hydro Energy B.V., for its Dutch gas marketing business. The sale, which is expected to net Duke about $80 million, is subject to approval by the European Commission.
NCNG Seeks Rate Hike to Pay for System Upgrades
Citing the need to receive compensation for the upgrades it has made on its natural gas delivery system, North Carolina Natural Gas (NCNG) said Tuesday that it has filed with the North Carolina Utilities Commission (NCUC) seeking a general increase in service rates.